On August 17, 2022, the branch of KazAgroFinance JSC in Kostanay region will carry out the first transfer of agricultural machinery purchased under the Preferential Leasing Program. The transfer of equipment will take place at 11.00 at the address: Kostanay, st. Promyshlennaya 41, Localization Center of AgromashHolding KZ JSC.

Acceptance of applications for participation in the Program of preferential leasing of agricultural machinery of domestic production at the expense of JSC "Zhasyl-Damu" (the operator of the ROP) started on August 5, 2022. To implement the preferential leasing program, 40 billion tenge is allocated for the purchase of about a thousand units of self-propelled agricultural machinery of domestic production.

Program conditions:

1. lease term – up to 10 years;
2. interest rate - 6% per annum;
3. initial payment (advance payment) for leasing - 0%;
4. the grace period for repayment of the principal debt is 1 year.

The absence of the need to make an initial payment and provide a pledge allows small and medium-sized agricultural formations to renew the fleet of equipment on preferential terms by the beginning of harvesting. In addition, thanks to the introduction of a scoring system in KazAgroFinance JSC, applications are considered as soon as possible and do not exceed 5 days.

The available conditions of the Program caused a great demand for domestically produced equipment. To date, KazAgroFinance JSC has already received 181 applications from agricultural producers from 13 regions of Kazakhstan in the amount of 14.6 billion tenge for the purchase of 179 tractors and 74 domestic-made combines.